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20121207
Search Results 0 to 12 of about 13 (some duplicates have been removed)
woman? >> dana: rnc conference? conference chair. you know who the conference chair is? >> eric: we got to go. >> dana: kathy mcmorris rogers. >> bret: this is fox news alert. i'm bret baier. new developments tonight in the fiscal cliff negotiations. republicans are pushing back hard. against president obama and the democrats over what will be in whatever deal they craft to avoid the implementation of the automatic spending cuths and tax increases. chief white house correspondent ed henry is live with details. good evening, ed. >> tonight we have new details of exactly what treasury secretary geithner laid out to republicans in the big meeting earlier today is. the republican aides tell mike emanuel there was a lot of detail about the new tax increases. $1.6 trillion in new tax increases from the new rate, capital gain, dividends as well. new spending, starting with $50 billion next year. the white house is countering that is leftover stuff from the president american jobs act. not really spending. nonetheless, the republican aides on the hill saying this is a nonstarter to them. white
straight to our senior congressional correspondent dana bash. she's watching what's going on. dana, the tax rates, first of all, let's get to a major sticking point right now. there's been a counterproposal from house republicans to the white house. you have details. >> reporter: that's right. let's start exactly where you just began on those tax rates because that has become the big divide between the two sides. the answer is the house republicans are not budging. they still want to continue the bush era tax rates at all income levels. let's get specific. first of all, the counterproposal, they say they would get about $800 billion in savings from what they call tax reform, from deductions and closing loopholes, things like that. but the bush era tax rates, all of them would remain, even for the wealthiest. to show you the difference, compared to the white house offer that they got last week, $1.6 trillion in savings when it comes to tax revenue. but much of that came from raising tax rates for the wealthiest americans, which of course is what president obama campaigned on. so those are th
" in just a moment. first, let's get some background from our senior congressional correspondent dana bash joining us from capitol hill. i think it's fair to say, dana, all of us were stunned by this announcement today. >> reporter: that's right, wolf. well, senator demint had always said he was going to limit himself to two terms in the senate. but he's not even halfway through his second term and saying he's going to leave in january with almost four years left. i'm told he didn't tell his staff about his decision until this morning right before it was made public. but he said this was an offer to go to this conservative think tank he couldn't pass up. jim demint's announcement that he's leaving the senate was a stunner. >> i honestly believe i can do a lot more on the outside than i can on the inside. >> reporter: the anti-government, anti-tax conservative crusader certainly made a mark on the inside. on the senate floor, a frequent voice of objection against legislation backed by both parties. >> is there any objection? >> mr. president, i object. >> reporter: just this week he helped
was dismissing the white house proposal as a joke. cnn senior congressional correspondent dana bash joins us live from the capital. dana, what's the latest? >> reporter: well, joe, it turns out he laughed at geithner when he proposed the white house package which includes $1.6 trillion in tax increases. instead, today mcconnell floated to "the wall street journal" the idea of revenues by medicare and eligibility age, but democrats are very dug in. they say anything that doesn't include tax increases on the wealthy is a nonstarter. a day after getting a white house proposal the republicans greeted as a joke, they're not laughing. >> now, the white house took three weeks to respond with any kind of a proposal and much to my disappointment it wasn't a serious one. >> reporter: house speaker john boehner rushed to the cameras to respond to the president's campaign-style event at a suburban philadelphia toy factory where mr. obama tried to rally support for maintaining the bush-era tax rates for middle class americans but increasing tax rates for the wealthiest americans. >> i don't think it's accepta
congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not wednesday at noon. >> good morning. >> house republican leaders told members they're free to leave, because they have nothing to vote on. >> i understand that you are saying legislation has been put on the floor. when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> in fact, sending lawmakers home is a way for house republicans to illustrate their current message, your move, mr. president. >> we need a response from the white house, we can't negotiate with ourselves. >> john boehner made a point at expressing dismay the president hasn't responded two
're now hearing it sounds like from republicans dana bash, our senior congressional correspondent, live for me, right now on capitol hill. what have you learned? >> reporter: that's right, brooke. we have breaking news. the house republicans have sent at this time a letter to the president with what they're calling a bold counterproposal. we'll leave it to others to decide whether or not that is the case. but the speaker himself came in to talk to a group of reporters who were gathered to get some details on this, and the speaker said that he thinks that this is, in his words, a credible offer, one that he hopes the white house takes seriously. and one that the white house responds to quickly. now, what is the offer? we have some specifics so we can give our viewers and i'm sure there are people out there watching this very, very closely, because the fiscal cliff is so close. first of all, they claim that what their plan would do would save $2.2 trillion. the key here, though, is we know that the big divide has been over those bush era tax rates. the white house wanting to extend -- exc
montgomery, thank you. i want to start there with dana bash here in a moment. because the fiscal cliff debate is starting to sound like, you know, a high stakes game of chicken. there is all kinds of tough talk. no action. right now democrats and republicans are refusing to compromise on this key sticking point, how to get more money from wealthy people. president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives are not happy with the idea that their own house republican leadership proposed a plan that includes $800 billion in new revenue. we have seen -- reported on it extensively yesterday and the day before about the e-mail alerts that conservative groups have put
't go far enough, but republican critics say it goes way too far. dana bash is on capitol hill, watching all of this unfold. dana, what are you hearing? >> reporter: republican sources i'm talking to think maybe it's sort of the goldilocks scenario. if one side thinks it's too far, the other side thinks it's not far enough, maybe it's just right. the republican counteroffer calls for $ 800 billion in tax hikes. >> rates have to go up. >> reporter: but the fact that gop leaders proposed raising $800 billion in taxes is roughing many a feather in their own party. >> republicans should not be conceding that the federal government needs more money and treating the president's proposal like it's serious. >> reporter: senator jim demint is an anti-government, anti-tax purist who helps raise millions for conservative candidates, even against fellow republicans. >> there's some that want to go the politically expedient route to give the president what he wants to get out of this mess. >> reporter: he's hardly the only conservative upset. the conservative heritage action network said, call your r
to bring in dana bash. we saw speaker boehner there essentially saying that this is not a serious plan from the president. does he really believe that? >> yes, he really does believe that. you know, that was basically what my question was to him, suzanne, because when i asked him the fact that, you know, a lot of times what we have in this kind of situation is public posturing so that each leader in the negotiations can signal to their base that they're at least trying before they actually come to the table privately and figure out a deal. i asked if that's what was going on here, or if we're in a serious stalemate, and the answer was without taking a breath serious stalemate. he said let's not kid ourselves. the proposal as you said that they got from the white house that you just laid out, they do not take seriously for a number of reasons. first and foremost, it is the thing that they clash the most on. philosophically, which is whether or not to extend tax cuts for the wealthiest americans. the president made clear again today he is not backing down on that. house speaker john boehner s
to get cut. dana, in your most recent column, you say it doesn't seem like anyone is doing anything but photo ops and news conferences. one politician was quoted as saying, effectively, we have a month. that's loads of time. is this a sophisticated game of chicken? >> it's a rather unsophisticated game of chicken, kind of elementary. what they're doing, both sides really, is doing a lot of posturing and waiting until they get close to the deadline if not go over the deadline because they feel if they go over the deadline, they're in a position to tell their hard core supporters, look, we have really got to make this deal now or that's the end. the economy goes back into recession. it's almost as if they can't strike a deal before you get to the very end, which is understandable. the problem is when you play this game, you can make a terrible mistake, and you know, they're gambling with the whole country here right now. >> house speaker john boehner said friday the white house proposal which begins basically with having $1.6 trillion tax increase among other things was essentially a
. dana bash on the hill. a standoff here, republicans essentially saying, look, the president is not being reasonable here, and then you have the white house saying this is magic beans and fairy dust. is this a lot of posturing here? are we really at an impasse? >> yes to both of those questions. there is a lot of post urg, but we do seem to be at an impasse. i want to show our viewers some video that will illustrate just what we're talking about. that is pictures of members of the house of representatives leaving for the week, and now, i don't want tower viewers to get concerned. the calendars on the desk tops are not wrong. it is still wednesday. this did happen at noon on wednesday. it would be nice if all of us could do that, but -- >> yeah, really. >> this is not an accident. republican leaders say that they just simply have nothing to vote on right now on the floor of the house, and, you know, it helps them illustrate the whole message that they're sending out, which is that the ball is in the president's court. it is up to him to respond to the republicans at this point
Search Results 0 to 12 of about 13 (some duplicates have been removed)